Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.15% | -0.01 | 1.16% |
| Return on Equity (%) | ▼ | 10.62% | -0.90 | 11.52% |
| Net Interest Margin (%) | ▲ | 3.81% | +0.12 | 3.69% |
| Efficiency Ratio (%) | ▼ | 67.56% | +3.49 | 64.07% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.26 | $2 |
| Cost of Funds (%) | ▲ | 1.66% | -0.28 | 1.94% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $721 | +38.38 | $682 |
| Gross Loans ($M) | ▼ | $455 | -28.48 | $483 |
| Loan Growth YoY (%) | ▼ | 74.36% | -8.86 | 83.22% |
| Total Deposits ($M) | ▲ | $603 | +29.35 | $574 |
| Shareholders Equity ($M) | ▲ | $82 | +12.84 | $69 |
| Tang. Book Value ($M) | ▲ | $76 | +12.85 | $63 |
| TBV excl. AOCI ($M)** | ▲ | $82 | +14.17 | $68 |
| Loan / Deposit Ratio (%) | ▼ | 74.36% | -8.86 | 83.22% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.08 | 0.08% |
| Allowance / Loans (%) | — | 1.44% | 0.19% | 1.25% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.11 | 0.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.22% | +1.80 | 12.42% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▆▇▇██ | Net Interest Margin (%) | 3.49% | 3.53% | 3.65% | 3.69% | 3.75% | 3.78% | 3.82% | 3.81% |
| ▄▁▆▂▃▂█▁ | Return on Assets (%) | 1.19% | 1.14% | 1.22% | 1.16% | 1.17% | 1.16% | 1.25% | 1.15% |
| ▅▇▂▁▄▆▃█ | Efficiency Ratio (%) | 66.0% | 66.9% | 64.9% | 64.1% | 65.5% | 66.5% | 65.3% | 67.6% |
| █▇▅▅▅▃▁▁ | Cost of Funds (%) | 2.13% | 2.04% | 1.93% | 1.94% | 1.90% | 1.79% | 1.67% | 1.66% |
| ▆▁██▁▁▁▁ | NPA / Assets (%) | 0.06% | 0.00% | 0.08% | 0.08% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▆▁██▁▁▁▁ | Net Charge-Off Ratio (%) | 0.08% | 0.00% | 0.10% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▁▁▃▄▅█ | Tang. Book Value ($M) | $63 | $62 | $63 | $63 | $66 | $69 | $70 | $76 |
| ▅▇█▆▅▆▃▁ | Gross Loans ($M) | $477 | $487 | $497 | $483 | $479 | $482 | $466 | $455 |
| ▁▃▃▃▄▇██ | Total Deposits ($M) | $560 | $574 | $576 | $574 | $579 | $594 | $605 | $603 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 5% |
| Agricultural | 20% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 17% |